Nov 28: Binance Saga Unfolds: CZ's Resignation, $1B Outflows, $4B Tether Settlement, and Industry Reactions

Binance, a major crypto exchange, faces a series of events—Changpeng Zhao (CZ) stepping down and pleading guilty, $1 billion net outflows in 24 hours, a $4 billion Tether settlement with the DOJ, and regulatory challenges. Amidst this, Coinbase CEO suggests a turning point for the crypto industry, and BitMEX founder Arthur Hayes finds the U.S. treatment of CZ absurd. Explore the whereabouts of Hex founder Richard Heart and the rise of AI in DeFi through smart contract auditing by Lightning Cat.________News Links 👇https://decrypt.co/206873/binance-ceo-changpeng-zhao-step-down-plead-guiltyhttps://www.theblock.co/post/264204/binance-saw-1-billion-in-net-outflows-over-the-last-24-hourshttps://decrypt.co/207141/binance-4-billion-tether-cold-wallet-doj-settlementhttps://decrypt.co/207583/ceo-richard-teng-says-committed-binance-way-after-czs-guilty-pleahttps://decrypt.co/207617/former-binance-ceo-cz-cant-leave-flight-riskhttps://www.cnbc.com/2023/11/27/coinbase-ceo-crypto-industry-can-turn-page-after-binance-settlement.htmlhttps://decrypt.co/207701/bitmex-founder-arthur-hayes-u-s-treatment-of-cz-binance-absurdhttps://decrypt.co/207640/where-world-hex-founder-richard-hearthttps://decrypt.co/207648/ai-defi-smart-contract-auditor-lightning-cat——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.